View Single Post
Old 08-08-2005, 09:07   #4
rollingstone
level 3
 
rollingstone's Avatar
 
Join Date: Mar 2005
Posts: 394
Downloads: 0
Uploads: 0
Rep Power: 4rollingstone is on a distinguished road
Re: INDICATORS v PRICES

The other main thing I tend to do when I am watching prices as well as indicators is see the price start to fall while the indicators are not quite there then jump in so as not to "miss" any more pips only to see the market turn the indicators not give a signal after all.

It's very hard when you think a sell trade is setting up the market is tumbling not to jump in too early - The biggest lesson I have learnt in my trading is the discipline to wait for the set-up regardless of what price is doing so this is another reason I prefer only looking at price AFTER the indicators have given a valid set-up.
rollingstone is offline   Reply With Quote